Love Thy Nerd INC EIN 82-5500018 Form 990 (PDF) Claim this org

Love Thy Nerd INC FY2020 filing

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Shares Christian love with people passionate about nerd culture. For fiscal year 2020 it reported $147K in revenue, in expenses, and $18K in net assets.Pt I

Type
Public charity (501(c)(3)) · Human Services
Location
Oxnard, CA
Website
www.lovethynerd.com
Filings
5 on file (2020–2020)
Revenue
$147KFY2020
Expenses
Net assets
$18K
People
6
Filings
5
Updates
0
More identity details & actions ⌄
EIN  82-5500018 Public charity (501(c)(3)) Oxnard, CA
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Shares Christian love with people passionate about nerd culture.
Leadership
Michael David Stallcup JR · Chief Community Nerd · $30K
Money in and out
$147K revenue
Bottom line
1.7mo operating runway
Where the money goes · FY2020
Total revenue
$147K
Pt VIII · Ln 12
Total expenses
Pt IX · Ln 25
Net assets
$18K
Pt X · Ln 32
Operating runway
1.7mo
months of highly liquid reserves at operating expense rate
Surplus margin
+5%
revenue over expenses, this year
Donor-funded
96%
of revenue is gifts & grants

Summary of the Filing

Part I · fiscal year 2020 · Form 990-EZ
Revenue
$147K
FY2020
Expenses
FY2020
Total assets
FY2020
Total liabilities
$5K
FY2020
Total revenue
$147K
Pt VIII · Ln 12
Total expenses
Pt IX · Ln 25
Net assets
$18K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19
Total assetsPt X · Ln 16
Program-expense ratioPt IX · col B
Voting members of governing bodyPt I · Ln 3pending
Independent voting membersPt I · Ln 4pending

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CLove Thy Nerd INC
EINHdr · item D82-5500018
Principal addressHdr · item COxnard, CA
WebsiteHdr · item Jwww.lovethynerd.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P20)
Ruling yearIRS BMFApr 2019

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1apending
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12a
Whistleblower policyPt VI · Ln 13
Document retention policyPt VI · Ln 14
CEO/top-official compensation independently reviewedPt VI · Ln 15a
Family or business relationships among officers/directorsPt VI · Ln 2

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Chief Community Nerd
$29,603Pt VII · Sec A
Chief Outreach Nerd
$24,819Pt VII · Sec A
Chief Executive Nerd
$15,951Pt VII · Sec A
Chief Resource Nerd
$6,605Pt VII · Sec A
Chief Content Nerd
$3,964Pt VII · Sec A
Chief Social Media Nerd
$3,360Pt VII · Sec A

Michael Stallcup’s $42K as CEO is at the 29th percentile of top reported officer pay among 2165 $100K–1M human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Michael David Stallcup JR$57,557$29,603
Michael Stallcup$53,078$49,872
Michael Stallcup$41,849
Matthew Warmbier$40,327$30,403
Matthew Warmbier$36,952
Chris Gwaltney$28,467$15,951
Matt Warmbier$17,235$24,819
Chris Gwaltney$13,334

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Other revenue100%$147K
Total revenueLn 12$147K

Balance Sheet

Part X · end of year
CashLn 1
Total assetsLn 16
Total liabilitiesLn 26$5K
Total net assetsLn 32$18K

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $20K · Operating expenses/yr $139K
1.7 months
Where the money goes
Program services
not reported
Management & General
not reported
Fundraising
not reported
Cost to raise $1
not reported
Where the money comes from
Contribution dependence
Contributions & grants $141K · Total revenue $147K
96%
Government reliance
not reported
Earned-income share
Program service revenue $8K · Total revenue $147K
6%
Investment reliance
Investment income — · Total revenue $147K
Program self-sufficiency
Program service revenue $8K · Total expenses $139K
6%
Growth & trend
Revenue growth (YoY)
This year $147K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $18K · Beginning of year $10K
+78%
Balance sheet
Surplus Margin
Revenue $147K · Expenses $139K
+5%
Liabilities-to-Assets
Total liabilities $5K · Total assets $23K
21%
Net-asset ratio
Net assets $18K · Total assets $23K
79%
People & payroll
Highest Reported Total Compensation
Individual Michael David Stallcup JR · Reported title Chief Community Nerd · Highest reported compensation $30K · Total expenses $139K
21%
Personnel share
Salaries & benefits — · Total expenses $139K
Form 990-EZ bundles compensation — not comparable to full-990 filers

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown. Peer cohort: .

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 2 funders$17K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$296K revenue · ⤓ 990 PDF
FY2023$222K revenue · ⤓ 990 PDF
FY2022$174K revenue · ⤓ 990 PDF
FY2021$175K revenue · ⤓ 990 PDF
FY2020$147K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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